Renminbising China's foreign assets
Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › Not applicable › peer-review
Author(s)
Detail(s)
| Original language | English |
|---|---|
| Pages (from-to) | 1-17 |
| Journal / Publication | Pacific Economic Review |
| Volume | 16 |
| Issue number | 1 |
| Publication status | Published - Feb 2011 |
| Externally published | Yes |
Link(s)
Abstract
Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. The present paper discusses the factors shaping the prospects of internationalising the renminbi from the perspective of the currency composition of China's international assets and liabilities. These factors include, among others, underlying valuation and management of the renminbi. © 2011 The Authors. Pacific Economic Review © 2011 Blackwell Publishing Asia Pty Ltd.
Citation Format(s)
Renminbising China's foreign assets. / Cheung, Yin-Wong; Ma, Guonan; McCauley, Robert N.
In: Pacific Economic Review, Vol. 16, No. 1, 02.2011, p. 1-17.Research output: Journal Publications and Reviews (RGC: 21, 22, 62) › 21_Publication in refereed journal › Not applicable › peer-review
